Daily BriefsSouth Korea

Daily Brief South Korea: Samsung Sds and more

In today’s briefing:

  • A Comparison of KOSPI 200 and S&P 500 Companies Performances in 2024


A Comparison of KOSPI 200 and S&P 500 Companies Performances in 2024

By Douglas Kim

  • S&P500 is up 27.7% YTD, outperforming KOSPI which is down 6.9% YTD. Global fund flow continues to pour into top quality US stocks such as Palantir, Tesla, and NVIDIA.
  • The top 20 best performing stocks in KOSPI 200 are up on average 106.8% YTD. However, the remaining 180 stocks in KOSPI 200 are down on average 9.2% YTD. 
  • There is no large Palantir-like company that deals with AI/data analytics in Korea. However, large cap IT services and telcos in Korea are increasingly expanding their AI/data analytics related business.

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